Friday, November 22, 2019

Cryogenic Hoses Market Top Scenario, SWOT Analysis, Business Overview and Forecast 2025

A holistic and detailed overview of the global Cryogenic Hoses Market that includes information derived from utilizing various quantitative and qualitative analysis techniques has been compiled in this latest market report. This compilation offers its readers a great overview of the Cryogenic Hoses Market during a forecast period from 2019 to 2025. The report also describes various limitations that may depict themselves as substantial obstacles to businesses during the above-mentioned forecast period. These hindrances have been described in detail in the report, along with possible counter activities and expectations that might cause the dilution of these hindrances up to a certain degree.

Cryogenic hoses are particular indispensable assembly or equipment used for the efficient and effective transfer of cryogenic liquids and liquid gases, such as liquid nitrogen, liquid helium, liquid oxygen, liquid argon liquefied petroleum gas (LPG), liquefied natural gas (LNG), ethylene, ammonia and carbon dioxide. Cryogenic technology is largely involved in the operation, production and maintenance of gases below -150 degree C. Cryogenic hoses possess exceptional properties, such as exceptional thermal resistance, resistance against chemicals, long operating and service life and ease in usage and they also reduce maintenance cost. Conventionally, major cryogenic hoses are manufactured from polymers wherein different layers of polymers are superimposed together to form a composite, which is used as the base material. Composites are generally lightweight in nature and provide better shear stress properties. Stainless steel is also adopted as a material of choice for the manufacturing of cryogenic hoses, owing to its exceptional mechanical and thermal properties. Stainless steel also provides resistance against acids and alkali, which help in increasing the life of cryogenic hoses.
Globally, the cryogenic hoses market has been witnessing enormous demand and progress over the past few years and the same trend will be observed in the upcoming years. The main reason behind the huge demand for cryogenic hoses is the adoption of the assembly in different applications. Massive development of petrochemical complexes, chemical industries, metallurgical activities, cold storage of foods and beverage and power industries in the last few years has surged the demand for cryogenic hoses. Furthermore, continuous R & D efforts in cryogenic technologies enable new product development of cost effective cryogenic hoses with increased efficacy. There has been a substantial increase in the adoption of nitrogen in food & beverage applications, which is driving the growth of cryogenic hoses in the global market. Nitrogen gas has been broadly used for preserving and freezing foods in the food processing industries. Conventional refrigerants, such as ammonia and fluorocarbons are being replaced by nitrogen cooled freezers since the former are expected to negatively affect the environment. Nitrogen-cooled freezers are also used to increase product quality and throughput. In the past few years, there has been a significant slowdown in the steel industry, which may dent adoption and growth opportunities of cryogenic hoses in the market.
The global Cryogenic Hoses market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Cryogenic Hoses volume and value at global level, regional level and company level. From a global perspective, this report represents overall Cryogenic Hoses market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Cryogenic Hoses in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Cryogenic Hoses manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
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The following manufacturers are covered:
■ Cryofab
■ Gas Equipment
■ Acme Cryogenics
■ Linde
■ Pacific Hoseflex
■ United Flexible
■ Meiji Rubber & Chemical
■ Dantec
■ Grainger
■ Hose Manufacturing
Market Segment by Regions, regional analysis covers
■ North America (United States, Canada and Mexico)
■ Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
■ Asia Pacific (China, Japan, India, Southeast Asia and Australia)
■ Latin America (Brazil, Argentina and Colombia)
■ Middle East and Africa
Segment by Type
■ Uninsulated
■ Vacuum Insulated
■ Foam Insulated
Segment by Application
■ Petrochemical Industry
■ Metallurgy Industry
■ Power Industry
■ Food & Beverage Industry
■ Others
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